MESA Stock Overview
Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc.
Mesa Air Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.10|
|52 Week High||US$17.40|
|52 Week Low||US$6.02|
|1 Month Change||-7.91%|
|3 Month Change||-9.55%|
|1 Year Change||-6.95%|
|3 Year Change||-39.26%|
|5 Year Change||n/a|
|Change since IPO||-39.57%|
Recent News & Updates
Is Mesa Air Group (NASDAQ:MESA) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Mesa Air Group: Risky Despite Recent 53% Drop In Price
Since the stock is down 53% from its March highs, it is interesting taking a deeper look at the fundamentals. The company has been affected by the COVID-19 pandemic, but managed to stay profitable and showed resilience. There are interesting growth opportunities embedded in the business.
|MESA||US Airlines||US Market|
Return vs Industry: MESA exceeded the US Airlines industry which returned -15.7% over the past year.
Return vs Market: MESA underperformed the US Market which returned 17.8% over the past year.
|MESA Average Weekly Movement||6.4%|
|Airlines Industry Average Movement||6.3%|
|Market Average Movement||6.1%|
|10% most volatile stocks in US Market||14.9%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: MESA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MESA's weekly volatility (6%) has been stable over the past year.
About the Company
Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc. that provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. As of September 30, 2020, it operated a fleet of 146 aircraft with approximately 373 daily departures to 102 cities in the United States and Mexico. The company was founded in 1982 and is headquartered in Phoenix, Arizona.
Mesa Air Group Fundamentals Summary
|MESA fundamental statistics|
Is MESA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MESA income statement (TTM)|
|Cost of Revenue||US$396.48m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Dec 09, 2021
|Earnings per share (EPS)||0.99|
|Net Profit Margin||7.37%|
How did MESA perform over the long term?See historical performance and comparison
Is Mesa Air Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MESA ($7.1) is trading below our estimate of fair value ($76.81)
Significantly Below Fair Value: MESA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MESA is good value based on its PE Ratio (7.2x) compared to the US Airlines industry average (26.4x).
PE vs Market: MESA is good value based on its PE Ratio (7.2x) compared to the US market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: MESA is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: MESA is good value based on its PB Ratio (0.5x) compared to the US Airlines industry average (1.8x).
How is Mesa Air Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MESA's forecast earnings growth (19.2% per year) is above the savings rate (2%).
Earnings vs Market: MESA's earnings (19.2% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: MESA's earnings are forecast to grow, but not significantly.
Revenue vs Market: MESA's revenue (15.4% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: MESA's revenue (15.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MESA's Return on Equity is forecast to be low in 3 years time (7.1%).
How has Mesa Air Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MESA has a large one-off gain of $130.6M impacting its June 30 2021 financial results.
Growing Profit Margin: MESA's current net profit margins (7.4%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: MESA's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: MESA's earnings growth over the past year (25.2%) exceeds its 5-year average (1.9% per year).
Earnings vs Industry: MESA earnings growth over the past year (25.2%) underperformed the Airlines industry 48%.
Return on Equity
High ROE: MESA's Return on Equity (7.2%) is considered low.
How is Mesa Air Group's financial position?
Financial Position Analysis
Short Term Liabilities: MESA's short term assets ($222.4M) do not cover its short term liabilities ($276.0M).
Long Term Liabilities: MESA's short term assets ($222.4M) do not cover its long term liabilities ($754.4M).
Debt to Equity History and Analysis
Debt Level: MESA's net debt to equity ratio (102.7%) is considered high.
Reducing Debt: Insufficient data to determine if MESA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MESA's debt is well covered by operating cash flow (29.4%).
Interest Coverage: Insufficient data to determine if MESA's interest payments on its debt are well covered by EBIT.
What is Mesa Air Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MESA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MESA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MESA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MESA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MESA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jonathan Ornstein (63 yo)
Mr. Jonathan G. Ornstein serves as Chief Executive Officer of go! airlines. Mr. Ornstein has been Chief Executive Officer at Mesa Air Group, Inc. and Mesa Airlines Inc. since May 1, 1998.Mr. Ornstein serv...
CEO Compensation Analysis
Compensation vs Market: Jonathan's total compensation ($USD2.31M) is above average for companies of similar size in the US market ($USD1.13M).
Compensation vs Earnings: Jonathan's compensation has increased by more than 20% in the past year.
Experienced Management: MESA's management team is considered experienced (2.8 years average tenure).
Experienced Board: MESA's board of directors are seasoned and experienced ( 10.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mesa Air Group, Inc.'s employee growth, exchange listings and data sources
- Name: Mesa Air Group, Inc.
- Ticker: MESA
- Exchange: NasdaqGS
- Founded: 1982
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$241.188m
- Shares outstanding: 35.89m
- Website: https://www.mesa-air.com
Number of Employees
- Mesa Air Group, Inc.
- 410 North 44th Street
- Suite 700
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 23:32|
|End of Day Share Price||2021/12/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.